Investment DAOs: What they are and How they Work
Too Long; Didn't Read
Decentralized Autonomous Organizations (DAOs) are known for democratizing the investment process. DAOs are fully autonomous organizations that have no central governing body and each of its members can contribute to the overall decision-making process. Investment DAOs allow investors to liquidate the fund before it offers to exit. This also includes governance rights that are based on the holdings owned by the individual/entity in the DAO. It works similarly to a corporation intending to encourage autonomous management and control.